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Kenmare Resources plc, together with its subsidiaries, produces and sells mineral sand products in China, Europe, the United States, and internationally. It operates the Moma Titanium Minerals Mine located on the northeast coast of Mozambique. The company's products include ilmenite, zircon, and rutile; and concentrates, including secondary zircon and mineral sand concentrates. As of December 31, 2020, it had a total proved and probable ore reserves of 1,534 million tons. The company was incorporated in 1972 and is headquartered in Dublin, Ireland.

Kenmare Resources Dividend Announcement

• Kenmare Resources announced a semi annually dividend of €0.15 per ordinary share which will be made payable on . Ex dividend date: 2024-09-19
• Kenmare Resources annual dividend for 2024 was €0.54
• Kenmare Resources annual dividend for 2023 was €0.61
• Kenmare Resources's trailing twelve-month (TTM) dividend yield is 11.95%
• Kenmare Resources's payout ratio for the trailing twelve months (TTM) is 59.76%

Kenmare Resources Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-19€0.15semi annually
2024-04-11€0.39semi annually
2023-09-21€0.17semi annually
2023-04-13€0.43semi annually
2022-09-22€0.11semi annually
2022-04-28€0.25semi annually
2021-09-23€0.07semi annually
2021-04-15€0.08semi annually
2020-09-24€0.02semi annually
2020-04-16€0.06semi annually
2019-09-26€0.03semi annually

Kenmare Resources Dividend per year

Kenmare Resources Dividend growth

Kenmare Resources Dividend Yield

Kenmare Resources current trailing twelve-month (TTM) dividend yield is 11.95%. Interested in purchasing Kenmare Resources stock? Use our calculator to estimate your expected dividend yield:

Kenmare Resources Financial Ratios

P/E ratio4.84
PEG ratio0.15
P/B ratio0.36
ROE7.40%
Payout ratio59.76%
Current ratio5.63
Quick ratio2.98
Cash Ratio1.41

Kenmare Resources Dividend FAQ

Does Kenmare Resources stock pay dividends?
Kenmare Resources does not currently pay dividends to its shareholders.
Has Kenmare Resources ever paid a dividend?
No, Kenmare Resources has no a history of paying dividends to its shareholders. Kenmare Resources is not known for its dividend payments.
Why doesn't Kenmare Resources pay dividends?
There are several potential reasons why Kenmare Resources would choose not to pay dividends to their shareholders:

1. Growth opportunities: Companies, especially in fast-growing industries like technology, reinvest earnings into expansion, R&D, or acquisitions to fuel future growth and increase company value.

2. Tax implications: Not paying dividends can reduce the tax burden on shareholders, who may prefer to defer taxes until selling shares and realizing capital gains.

3. Investor preferences: Some investors prefer companies to reinvest profits for higher long-term returns, particularly those seeking capital appreciation over income.

4. Capital allocation priorities: Companies may allocate cash to pay down debt, fund share buybacks, or invest in projects with higher returns than dividends.

5. Market expectations: In certain sectors, like technology, reinvesting profits for growth and innovation is often prioritized over distributing dividends to shareholders.
Will Kenmare Resources ever pay a dividend?
The decision for a company to pay dividends depends on various factors including its financial performance, growth prospects, capital allocation priorities, and shareholder preferences. While Kenmare Resources has not paid dividends historically and has instead focused on reinvesting its earnings for growth, it's ultimately up to the company's management and board of directors to decide whether to initiate a dividend policy in the future.
Is Kenmare Resources a dividend aristocrat?
Kenmare Resources is not considered a Dividend Aristocrat. The term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Kenmare Resources a dividend king?
Kenmare Resources is not classified as a "Dividend King". A Dividend King is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Kenmare Resources a dividend stock?
No, Kenmare Resources is not considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
How to buy Kenmare Resources stocks?
To buy Kenmare Resources you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees and account minimums.

Place an order: Use the brokerage's trading platform to place an order to buy Kenmare Resources stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.